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| Symbol | Indicators | Definition |
| Dependent variables | x1 | Are ST enterprises |
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| Solvency capacity | x2 | Current ratio | Current assets/current liabilities |
| x3 | Quick ratio | (Current assets − inventories)/current liabilities | |
| x4 | Property rights ratio | Total liabilities/total owners’ equity | |
| Profitability | x5 | Gross assets net profit margin | Net profit/total asset balance |
| x6 | Return on net assets | Net profit/shareholder equity balance | |
| x7 | Net profit/total profit ratio | Net profit/total profit | |
| x8 | Sales Cost Rate | Sales expenses/operating income | |
| Operational capacity | x9 | Turnover of accounts receivable | Closing balance of operating income/accounts receivable |
| x10 | Inventory turnover | Operating costs/end of inventory balance | |
| x11 | Total assets turnover | Operating income/total assets closing balance | |
| Capacity development | x12 | Growth rate of total assets | (Total assets end of current period − total assets beginning of current period)/(total assets beginning of current period) |
| x13 | Net profit growth rate | (Net profit current quarter amount − net profit last quarter amount)/(net profit last quarter amount) | |
| x14 | Net asset growth per share | (net assets per share end of current period − net assets per share beginning of current period)/ net assets per share beginning of current period | |
| Cash flows | x15 | Cash content of operating income | Cash/operating income received for sale of goods, provision of services |
| x16 | Net operating income cash | (Net cash flow from operating activities)/(Gross operating income) | |
| x17 | Total cash recovery | (Net cash flow from operating activities)/(Total assets) closing balance |